KUALA LUMPUR, Dec 20 โ Insurance providers in Malaysia are ready to help speed up the process for flood victims with flood insurance to claim payment for losses suffered, and also reminded others unaffected by floods to make sure their properties are insured against floods.
Flood coverage is an additional feature for which you will have to pay an additional premium for when you sign up, similar to windshield crack protection. Youโll have to dig up your car insurance policy to see if youโve paid for that additional coverage.
Bank Negara Malaysia (BNM) took to Facebook to announce flood assistance from the insurance and takaful industry. General and Motor Insurance Assistance from PIAM Persatuan Insuran Am Malaysia (PIAM) will be donating RM2.43 million towards the establishment of a Flood Relief Fund @ Dec 2021 as a Corporate Social Responsibility initiative.
We recommend you get comprehensive insurance, if eligible, and add the special perils cover to your policy for added protection. Should anything untoward happen, you can claim from your insurance for your flood-damaged car. If your insurance is expiring, renew your car insurance and road tax online at Bjak.
Menara Takaful Malaysia. Jalan Sultan Sulaiman. 50000 Kuala Lumpur. Tel: 03-2031 8160 Fax: +603-2031 8170. Email: mtasecretariat@malaysiantakaful.com.my. ABOUT PERSATUAN INSURANS AM MALAYSIA (PIAM) PIAM is the national trade association of all licensed direct and reinsurance companies for general insurance in Malaysia. Currently, PIAM has 25.
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